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24-Unit Apartment Portfolio
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212 North 12th Street, Bismarck, ND 58501

Multifamily offering combines three adjacent properties with residential units and attached and detached garage spaces.

Property SizeContact for details
Days on Market13

Property Features for 212 North 12th Street

General Information

Standard status Active
Property subtype Multifamily
Zoning HM - Health Medical

Additional Details

Road Access Yes
Multifamily Units 24

Building Details

Buildings 4
Units 24
Tenancy Multi
Listing Agency: Aspen Group LLP
Listed By: Charles Reichert · License #ND 11466
Source: Crexi
Added: Jul 30 Changed: Aug 3 Last Checked: Aug 9 at 10:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aspen Group LLP

Investment Insights

Based on property information with market context.

This apartment-building portfolio includes 24 residential units distributed across three adjacent properties. The offering also includes both attached and detached garage spaces, adding supporting improvements to the residential configuration.

The properties are located at 212 North 12th Street in Bismarck, North Dakota. Zoning is HM - Health Medical. The portfolio presents a consolidated multifamily asset with additional residential income potential and a mix of apartment and garage components.

Key Highlights

  • 24 residential units across three adjacent properties
  • Attached and detached garage spaces included
  • Zoned HM - Health Medical

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Storage Facility Grocery & Convenience Store Butcher HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,526
Businesses Nearby

Demographics for 58501, ND

28,388
Population
13,445
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
95%
High-School Grad
22.8 sq mi
ZIP Area
1,245
Density / Sq Mi
$69,796
Median Household Income
$45,237
Median Earnings
$938
Median Rent
$276,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily offering combines three adjacent properties with residential units and attached and detached garage spaces.
Where is this apartment building located?
The property is located at 212 North 12th Street Bismarck, ND.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: 24 residential units across three adjacent properties; Attached and detached garage spaces included; Zoned HM - Health Medical
(701) 202-6935 Call to check price and availability
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